The closing process in Visalia generally takes 30 to 45 days from the time an offer is accepted. Key milestones include:
- Day 1-10:
- Escrow is opened, and the buyer submits their earnest money deposit.
- The buyer arranges for a home inspection and applies for a mortgage.
- Day 10-20:
- The lender orders an appraisal to confirm the home’s value.
- Buyers review disclosures provided by the seller.
- Day 20-30:
- The lender completes underwriting, and buyers finalize their loan approval.
- Day 30-45:
- The title is cleared, and closing documents are signed.
- Funds are transferred, and the transaction is recorded with the county.
Delays may occur due to appraisal issues, loan underwriting complications, or contingencies. Working with experienced agents and lenders can help streamline the process.